Robotics Fundings and Ethical Issues
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Caveat - This comes from Crunchbase and there are at least two wrongly categorized purely RPA companies in there. But then every database of robotics companies has issues. What is interesting is how many of these companies are from India and Europe, although the SF/SV Bay Area is still the primary location for robotics startups. The number of Chinese robotics companies receiving funding seems to have decreased but there are some very strong later stage Chinese companies.
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Right now I'm reading Why Startups Fail: A New Roadmap for Entrepreneurial Success by Harvard Business School professor Tom Eisenmann. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures.
• Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly.
• False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions.
• False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand.
• Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures.
• Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both.
• Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong.